Prior was 53.1 Composite PMI 52.0 vs 52.0 prior New business growth accelerated for the first time in three months New export business fell for the fifth straight month Input price inflation accelerated to a six-month high Not much is happening with this PMI but the Japanese service sector remains a bright spot, extending its
Gold price (XAU/USD) tumbles to near $4,210 during the early Asian trading hours on Wednesday. The precious metal loses momentum as traders book profits ahead of the upcoming key US data releases. Traders brace for the release of the US ADP Employment Change and ISM Services PMI data later on Wednesday. The yellow metal has fallen
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It seems like yesterday that I was not only writing, but also appearing on the Market Insights Podcast, commenting on the Federal Reserve’s decision to cut rates in October, with the obvious question being if a third consecutive cut would follow in December. While it would be fair to say that markets anticipate rate cuts
The major US stock indices are closing mostly higher with the NASDAQ leading the way. Again comes after declines yesterday that snap five-consecutive days of gains. A snapshot of the closing levels shows industrial average: Dow industrial average rose 185.13 points or 0.39% at 47474.46 S&P index rose 16.74 points or 0.25% at 6829.37 NASDAQ
The Dow Jones Industrial Average (DJIA) faced a messy session on Tuesday, exploring early upside and challenging the 47,600 level before getting knocked back down once again and ending the day on a cautious high note. New-old players in the AI space are cropping up to challenge the long-running Nvidia (NVDA) hegemony in the hardware
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Stocks have begun December trading on a muted note, though far from the bearish trajectory that defined much of November. December is historically a month where investors anticipate gains—a phenomenon known as the “December Effect” or the “Santa Claus Rally.” This seasonal strength is typically driven by three core catalysts: Corporate Stock Buybacks: Companies rushing
CME futures outage caused FX spot pricing problems – FX Markets Skip to main content End of drawer navigation content At least one non-bank was forced to pull prices, and NDFs also affected The absence of pricing information from CME’s futures contracts during the outage on November 28 caused major problems for some foreign exchange
Sterling weakened slightly today as markets digested last night’s abrupt resignation of OBR Chair Richard Hughes, who stepped down following the premature release of budget documents last week. Investors viewed the episode as destabilizing for an institution designed to promote fiscal transparency and market confidence. There was also a delayed reaction to UK Prime Minister
Any investors hoping to find a Muni – Bonds fund could think about starting with American Funds Tax-Advantaged Income A (TAIAX – Free Report) . TAIAX bears a Zacks Mutual Fund Rank of 2 (Buy), which is based on various forecasting factors like size, cost, and past performance. Objective TAIAX is one of many Muni
The USD is mixed vs the 3 major currency pairs to kickstart the North American session . The greenback is higher vs the JPY (+0.34%), but is lower vs the EUR (-0.06%). The dollar is also higher vs the GBP (+0.03%). IN the video above, I take a look at the Big 3 currencies vs
Banks drive FTSE higher after stress test success The FTSE 100 enjoyed a solid session as banks led the charge higher following the Bank of England’s stress test results. All major lenders passed the assessment, providing reassurance about the sector’s resilience to potential shocks. The BOE’s decision to trim capital requirements added further support to
European stock markets experienced a drop on Tuesday, continuing the minor declines from the previous day. The main European index, the STOXX 600, was down 0.1%. However, major country stock exchanges like those in Germany and France were both up slightly, gaining about 0.1% each. Healthcare stocks were the biggest reason for the overall decline,
2025.12.02 2025.12.02 Aussie Posts Gains As Rate-Cut Hopes Dim. Forecast as of 02.12.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The rally in global stock indices has spurred demand for the Australian dollar as a high-yield currency and improved financial conditions. The neutral rate should be higher. Moreover, the AUD/USD pair enjoys even more growth drivers. Let’s discuss this topic
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2025.12.02 2025.12.02 Short-Term Analysis for Oil, Gold, and EURUSD for 02.12.2025 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. The price of
